The Post War Japanese Economy; The Role of the Banks

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Issue:

History

 

Written by:

Miquel P

 

Date added:

August 17, 2013

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1305

 

Was viewed:

3860 times

 

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Essay content:

He need for the banks to play a central role could not be avoided as the new system would rely on investment in the economy and support from the banks. Prior to this change the economic structure of Japan resembled the Anglo-American model of capitalism (Chyssides, 1993). The basis of Japanese capitalism adopted a different set of strategic objectives; longer term strategic thinking became the main priority...
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Prior to this change the economic structure of Japan resembled the Anglo-American model of capitalism (Chyssides, 1993). The basis of Japanese capitalism adopted a different set of strategic objectives; longer term strategic thinking became the main priority. Emphasis was also placed on partnership and consensus, low-cost capital, overseas investment and required returns on ventures were also known leaving more room for further investment (Ishinomori et al, 1996, Sakakibara et al, 1993)...
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